To formalise the actual funding amount and funding
profiling agreement in regard to the Council’s £12.8m
contribution towards the project. The Cabinet decision is also
required to formally allocate £12.8m to the Capital
Investment Programme (CIP) and Capital Pipeline.
This follows a Cabinet Member delegated decision taken on 7 April
2015, whereby the Council’s financial contribution of
£12.8m towards the project was agreed in
principle.
Decision type: Key
Reason Key: 2. Financial;
Decision status: Recommendations Approved
Wards affected: Oval; Prince's;
Notice of proposed decision first published: 18/09/2015
Decision due: 20 Jul 2017 by Deputy Leader of the Council (Planning, Investment and New Homes)
Lead member: Deputy Leader of the Council (Planning, Investment and New Homes)
Lead director: Strategic Director: Neighbourhoods and Growth
Department: Neighbourhoods & Growth
Contact: Conor McDonagh, Head of Area Regeneration for Vauxhall, Stockwell and Norwood Email: cmcdonagh@lambeth.gov.uk Tel: 020 7926 5980.